New Delhi, March 16 -- India remains engaged with the US for a mutually beneficial trade agreement, Commerce Secretary Rajesh Agrawal said on Monday.
He said at a media briefing that India and the US announced a trade deal on February 2, and a Joint Statement for the same was released on February 7.
"On February 7, 2026, the 25% additional ad-valorem tariffs imposed by the U.S. on certain Indian exports citing India's imports of Russian oil were removed," he said.
The Commerce Secretary said that pursuant to the US Supreme Court judgement of February 20, 2026 invalidating reciprocal tariffs, the reciprocal tariffs are no longer in force.
"The US Government has issued Executive Orders imposing 10% tariffs pursuant to Section 122 of the...
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